Behavioural finance or the emergence of a new paradigm

Schinckus, Christophe
(2009) Revue d’Histoire des Sciences Humaines —

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  • Schinckus, ChristopheUSL-B
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Abstract
This paper analyzes the epistemological struggle given by the behavioural finance to become the main theoretical framework of financial economics. Three kinds of strategies have been studied : a sociological, a historical and a methodological one. These strategies are presented as arguments in favour of behavioural finance because they have been developed to favour the emergence of this new approach. Nowadays, we can observe a strong institutionalization of the behavioural finance that is more and more published and studied in conferences and workshops. By developing such strategies, we can expect that behavioural finance become the new paradigm in financial economics.
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Schinckus, C. (2009). Behavioural finance or the emergence of a new paradigm. Revue d’Histoire des Sciences Humaines. https://doi.org/10.3917/rhsh.020.0101